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Unified Communications Industry News

[February 26, 2013]

Impact Telecom to acquire Matrix Telecom

Feb 26, 2013 (Datamonitor Financial Deals Tracker via COMTEX) --
Impact Telecom, a provider of voice and data services, has signed a definitive agreement to acquire all outstanding shares of Matrix Telecom, Inc., a provider telecommunication services to consumers and small and medium size businesses. Both the companies are based in the US.

Currently, Matrix Telecom is a portfolio company of Platinum Equity, LLC, a US-based private equity firm.

Concurrently, Impact Telecom has also signed a definitive agreement to acquire all outstanding shares of AmericaTel Corporation.

St. Charles Capital, LLC is acting as financial advisor for the transaction.